Online Casinos That Accept Prepaid Cards

Thanks to the immense popularity of the best prepaid cards in Canada, banks and payment networks across the country have diversified their prepaid cards offerings to cater to greater segments of the market. 

This has resulted in 2024 being the year of some of the best prepaid cards we have ever seen. Apart from being great online casino payment methods, their range of perks and features will make you feel lucky every time you use them. 

Our team of experts has tested prepaid cards across Canada to put together this definitive list of the best prepaid cards you can buy – or get for free! Let’s look at the prepaid cards you can use as online casino payment methods in Canada in 2024.

The Bank of Montreal (BMO) Prepaid Mastercard is one of the best prepaid cards you’ll find in Canada. When you combine the benefits of transacting with a highly reputed Canadian bank and the sheer might of the Mastercard network, this card is an irresistible proposition as an online casinos payment method. 

We found this prepaid card incredibly easy to top up and reload and loved that it can be used in locations across the US and Canada. Our only gripe with it is the $6.95 annual card fee. 

Highlights: 

• Accepted at 30 million points of sale and over a million ATMs on the Mastercard network 
• A suite of Mastercard safety features that make it safer than carrying cash (extended warranty, purchase protection, etc.) 
• Top up on the website or mobile banking app 

The Vanilla Mastercard is one of the best online casino payment methods and one of the top prepaid cards that’s easily accessible across Canada. This prepaid card is available in over 10,000 locations nationwide, meaning you’ll be able to take it to the felt in no time. 

While we love the ease of availability, our testing found the activation fee and 2.5% surcharge on foreign exchange transactions to be sore points. 

Highlights: 

• Easily check and manage your balance online 
• Available in 10,000+ locations across Canada 
• Host of Mastercard perks and safeties

This is one of the most interesting prepaid cards on this list because it gives you the power of choice between the two most robust payment networks on the planet – Visa and Mastercard. 

Not only is it one of the best online casino payment methods, but one of the best prepaid cards on offer, provided that you choose a payment network based on your exact needs.

The Canada Post reloadable Visa card offers easy, convenient access to most payment gateways across the country, along with the Visa suite of features. This makes the Visa prepaid card one of the best prepaid cards for domestic, everyday use. 

On the other hand, the Cash Passport Mastercard has a slight edge over the Visa card on international transactions thanks to the sheer scale of the network and the fact that you can also transact on US and international websites in their local currency. We wish this card had no purchase fee, but we’re not complaining too much, given its quality. 

Highlights: 

• Choose the Canada Post reloadable Visa card for domestic, everyday use or the Cash Passport Mastercard for international transactions
• No credit history required 
• Easily available across Canada, with ease of topping up online
• The best suite of security features, no matter which network you choose

When it comes to an American Express card, you’re signing up for much more than just a card. Apart from the card being a symbol of prestige and exclusivity, being a part of the American Express network entitles you to a suite of benefits like exclusive offers, roadside assistance, and more. 

Getting a regular American Express card requires you to meet several stringent eligibility criteria. Still, the best part about the Bluebird by American Express card is that it gives you access to the aforementioned features usually exclusive to higher-end credit cards – and at a fraction of the fuss. 

The only drawback we associate with this card is that while it brings much value to the table, it doesn’t necessarily get you a seat at every table since American Express cards aren’t as widely accepted as Visa and Mastercard. We still consider it a perfectly viable online casinos payment method, considering several online casinos still accept it. 

Highlights:

• Transact globally with no fees on foreign transactions
• Top-up the card at a branch or online
• Free to purchase online

This card says it all in its name. The Paysafecard is a no-frills popular payment network in Canada that’s easy on the pocket and – yes – safe. 

It’s not as popular as the Visa and Mastercard networks but is a viable option at most top online casinos. Our experts love that there are no transaction fees on online transactions with the Paysafecard, which firmly cements its place on this list of the best prepaid cards in Canada.

Highlights:

• Zero fees on online transactions
• Available across Canada
• Focus on safety and simplicity 
• Easily topped up online  

Most of the cards we have mentioned can be purchased both online and at physical stores and are widely available in locations across Canada. Visiting the website for each card is the first step to taking your new prepaid card to the felt. 

Once you buy a prepaid card, you need to activate it yourself unless you’ve purchased it at a physical location, where the manager explicitly confirms that the card has been activated. 

Your new prepaid card will come with a kit that specifies precisely how to activate it and how to reach verified customer care. However, here’s an overview of how the process generally works.

• Order the card online or purchase at a physical location
• Call the verified number printed on the kit or visit the website 
• Provide the details requested only on these verified channels and set a PIN 
• Top up the card, and you’re good to go!

Remember only to contact the number mentioned in your prepaid card kit. If you receive requests for personal information from any other contact number or link, check with your issuing bank before moving forward. 

Topping up your online casino account using a prepaid card first requires you to top up the card. With so many options for depositing money into your card, it’s no wonder that prepaid cards are one of the preferred online casino top-up methods.

Prepaid cards are not linked to your bank account unless the card is from the same issuing bank as your bank account – and even then, only if you opt for Direct Debit. Direct Debit automatically replenishes the balance on your prepaid card, keeping you flush with cash throughout the night at the tables. 

If you don’t have an account with the issuing bank, topping up your prepaid card is as easy as paying cash at a physical location, making an online payment on the card’s website, or even adding the card as a payee to your regular bank account – just as you would a credit card.

Once you’ve topped up your prepaid card, give it a spin at the casino to see why it’s one of the preferred online casino top-up methods. A general overview of the process is as follows:

• Open up your preferred casino’s website or app
• Visit the cashier section 
• Enter your card details and the amount you’d like to top up
• If the casino accepts the payment network your card is on, the transaction will go through

In this sense, using a prepaid card for online casino top-ups is the same as using a standard debit or credit card.

Can You Withdraw Your Winnings to a Prepaid Card? 

Prepaid cards are neither linked to your bank account nor proper bank accounts in themselves. This is why casinos never allow you to withdraw your winnings to a prepaid card, even though most casinos accept prepaid cards as a deposit method.

You will eventually need to provide the casino with other options for online casino withdrawals, such as your bank account details or another e-wallet (if accepted.)

Most online casinos that accept debit and credit cards will likely accept prepaid cards. This means that our list of the highest-rated, well-reviewed casinos will accept your new prepaid card – and pamper you with online casino bonuses to boot.

Here are three of our most highly-rated casinos in Canada that offer a welcome bonus along with a host of other online casino bonuses:

LalaBet – C$2,500 + 250 free spins 

LalaBet is one of the biggest online casinos in Canada, with a reputation for providing quick payouts, great action across stakes, and, yes – several bonuses that will have you going gaga over LalaBet. Enjoy a bonus of up to C$2,500 and 250 free spins on signing up today. 

Mr. Pacho – C$750 bonus + 250 free spins 

Mr Pacho is one of the most visually rich online casinos that accept prepaid cards, and it was one of the most fun experiences we’ve had while testing a platform. Use any prepaid card to sign up and enjoy your bonus of up to C$750 and 250 free spins. 

Boomerang – C$750 bonus + 200 free spins

Boomerang is one of the best online casinos we have ever reviewed, and we love the slot machine and roulette action we’ve seen on the platform. As is the case with every casino we highly rated, Boomerang is known for quick payouts, easy deposits, and perfectly randomized outcomes – and yes, they accept prepaid cards, too. Boomerang’s online casino bonuses include a C$750 bonus + 200 free spins. 

Mobile online casinos function exactly like their website-based counterparts and will also share the same policy towards prepaid cards. Prepaid cards can be used like typical debit or credit cards on mobile online casinos. 

The only catch with online casino prepaid cards is that they are a one-way street. You can deposit money with your prepaid card but never withdraw money back into the same card. Don’t worry about that since you can still withdraw your winnings to your verified bank account.

After learning so much about how prepaid cards are as easy to use as typical debit or credit cards, you might wonder why we strongly advocate using prepaid cards. Here are the pros and cons to be aware of: 

Betsquare has rigorous standards for evaluating every casino we review. We have a rich history of providing Canada’s gamblers with verified, personally experienced, authentic online casino reviews using a barometer that’s second to none. Our team comprises technical experts, subject matter experts, and online gamers who believe in putting out information that benefits the community.

Among many considerations, some of the key criteria we consider while writing online casino reviews are as follows: 

• Fairness
• Transparency
• Bonuses and cashbacks
• Variety of games and stakes
• Information security 
• User interface 
• Customer support experience 
• Verified customer testimonials

We hope you have learned everything you wanted to know about the best prepaid cards in Canada and the best online casinos that accept prepaid cards to claim lucrative bonuses. As you embark on your gaming experience with prepaid cards, we only ask that you look at our verified online casino reviews before deciding on where to play. Remember – you should try your luck at the tables, but not with choosing the table itself.